His Royal Highness Prince Salman bin Sultan bin Abdulaziz, Emir of Madinah region, sponsored the launch of the “Madinah Real Estate” exhibition organized by Al-Maqr Company for Development and Development, the investment arm of the region's Municipality, in the presence of His Excellency the Governor of the region, Engineer Fahd bin Mohammed Al-Balishi.
Upon the arrival of His Highness the Emir of Medina to the company's headquarters, His Highness was briefed on the components of the accompanying exhibition, which includes 18 different pavilions, and listened to the objectives of the exhibition, which are to review the contributions of real estate development companies to promote the real estate sector and establish a new and different standard for the urban development movement, in addition to discussing real estate market trends and new investment strategies and discussing the best international practices that contribute to the growth of the real estate sector.
The launch ceremony began with the recitation of verses from the Holy Qur'an, then the attendees watched a visual presentation about Al-Maqr Development Company.
<After that, the company's CEO, Majed bin Mohammed Al Shalhoub, delivered a speech in which he explained: The company seeks to develop investment destinations, provide diverse opportunities and create an appropriate and flexible environment that integrates and complies with the objectives of the public sector, the private sector and the third sector through an operational model that has enabled the company to launch many partnerships and distinctive quality projects, pointing out that it is committed to strategic planning of projects and partnership with leading companies in the real estate sector that are able to meet high standards of quality and commitment.
Maqr is committed to strategic planning of projects and partnership with leading companies in the real estate sector that are able to meet high standards of quality and commitment. During his speech, Al Shalhoub talked about the agreements and initiatives that will be launched, most notably the agreement to establish a real estate investment fund to develop the largest exhibition and conference center in the region in cooperation with the Medina Chamber, in addition to the company's intention to organize the Medina Investment Forum (MedInvest), which will provide an opportunity to present all projects and investment opportunities in the Medina region.
At the end of the ceremony, Al Shalhoub handed over the certificate of completion to the headquarters. At the end of the ceremony, HRH Prince Salman bin Sultan handed over the “Humeem” award to the partners of Al-Maqar Development Company, which aims to stimulate the private sector to enrich the local content and support those interested in contributing to innovative models in urban development in the region and to be an incentive for the people of the region and its companies to participate in the stages of development and development.
At the end of the ceremony, HRH Prince Salman bin Sultan handed over the "Humeem" award to the partners of Al-Maqar Development and Development Company.
